Retail premises for sale in Parsonage Place, Tring HP23

Key Points

Description

The property comprises an attractive corner retail unit with space for outside seating. The ground floor is currently used as a waffle shop with associated kitchen, storage and WC, including a small basement. The first floor comprises a flat which has been sold off on a long leasehold basis (98 years remaining at a peppercorn rent of £500 per annum).

Large windows face the High Street and internally the property has been comprehensively refurbished to include redecoration, new flooring, new WC and kitchen and modern lighting.

A new lease is about to be agreed with Little Waffle Shop for a minimum 5 year period at £24,000 per annum rental income. The tenant will provide a 6 month rent deposit.

Location

The property is located on Parsonage Place, a very short distance from Tring High Street and within easy reach of the Natural History Museum.

Tring is an attractive and busy town benefiting from a number of public houses, restaurants, coffee bars and small retailers all within easy walking distance. Tring is equidistant from Hemel Hempstead and Aylesbury on the A41 which provides a fast and efficient link to Aylesbury and beyond, Kings Langley and the M25. Tring railway station is approximately 2 miles from the town and is served by West Midlands Trains and offers a fast and efficient service from Milton Keynes Central to London Euston, and Southern operates the cross-London service to East Croydon via
Clapham Junction.

Terms

The property is available for sale on a freehold basis subject to a lease to Little Waffle Shop and a long lease on the first floor flat - income of £500 per annum.

Money Laundering/Identity Checks

Money Laundering Regulations require Chandler Garvey to conduct checks on all tenants. Prospective tenants will need to provide proof of identity and residence.